Collecting classic vehicles is quite an expensive hobby if you fancy exotic sports cars, but nothing can drain your multi-million-dollar bank account quicker than a Ferrari collection. As a renowned Ferrari collector and long-time customer, Tony Shooshani knows this better than anyone else, having amassed a Prancing Horse stable that includes some of the rarest models ever built. After years of buying them, Shooshani has now decided to part with eight of his Ferraris, all of which will be auctioned by Gooding & Company at its annual two-day Scottsdale Auctions between January 29-30, 2016.
If you were planning to start your own Ferrari collection, now is as good a time as any. Given you have at least $11 million to spare, that is!
The lot includes some of finest Ferrari supercars ever produced, as well as a couple of classic entry-level models that can still be had for less than one million bucks. The most expensive units are a 1995 F50 and a 2003 Enzo, which are estimated to fetch more than $2.5 million each. There is also a 1990 F40 that Gooding & Company estimates will fetch between $1.3 and 1.6 million.
Classic models include a 250 GT Cabriolet and a 250 GT Lusso, which, not surprisingly, are likely to change owners for more than $2 million. At the more affordable end of the list, there’s a 1969 Dino 206 GT ($700,000-$800,000), a 1984 512 BBi ($400,000-$475,000), and a 1988 328 GTS ($125,000-$150,000).
All told, the estimated value of the entire lot sits between $11.6 and $13.5 million. That’s a lot of dough if you’re not familiar with how much classic Ferraris fetch nowadays, but not that much considering that a 250 GTO can change owners for as much as $50 million.
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